A meaningless win is always better than a meaningless defeat, but in the larger scheme of things, yesterday’s game against Liverpool is no more significant than last month’s games in Germany. They are about building fitness and, if necessary, trying new things.
Amido Balde was the winner yesterday. Some were already writing the player off, not because of any performance inadequacy, but because he was not being deployed competitively. Victor Wanyama joined two years ago but spent the first six months of this stay warming the bench with Brown, Ledley and Kayal ahead of him.
Five months ago Rangers International FC PLC released their interim accounts, noting that their recurring operating expenses of £2.371m, were £1m per month more than their income.
£1m per month!! To a club which has no bank borrowing facility! Yet the alarm bells didn’t ring everywhere. Roll on five months, 34,000 fans have been separated from their cash in return for season tickets, and now the alarms are ringing all over the place, not just the Celtic online media.
This is not news to anyone reading Celtic Quick News but in life, it’s often not so much the message as the messenger that’s significant. That the mainstream media feel it’s appropriate to ‘tell it as it is’ about Rangers International’s finances, is a measure of how acute the situation is.
As we’ve been saying here for years, it takes close to £20m p.a., before you employ a footballer or coach, to run a football club which can accommodate circa 40,000 spectators on a regular basis. Add your football budget onto that £20m and you have an idea of the cash needed to be a ‘top’ Scottish club.
Rangers International’s interim revenue for seven months was £9.5m which annualised up would be £16.3m. There is a huge structural gap which no one has been able to even remotely suggest a way to bridge.
Now Dave King has told the Herald what we’ve been saying for a while, “Celtic are building reserves by selling top players that they won’t need until Rangers are back (sic) competing with them. The way our finances are being run we could end up with a gap that is too large to bridge.”
It takes hundreds of employees to run a football club at a busy Ibrox Stadium. There are policing, rates, utility, insurance and stewarding costs, which you can’t do anything about. Even if they double income, they’re still going to be left with a fraction of Celtic’s football budget.
As Dave King suggests, this is not a short and medium term problem, the gap is already too large to bridge. King is wrong on one factor, Celtic will not store reserves awaiting a challenge from Rangers International (or a successor club), they are managing player assets as part of an on-going Champions League development strategy.
The other lot are finished, I tells ya’, finished! This is Private Fraser doing his Dave King impersonation:
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Evening Celts, just back from Escotia/ Puerto de Glasgow.
A wee heads up, the final series of Breaking Bad starts tonight, it’s on AMC at 9pm. Should be available on the TIMternet.
V
Bourne
It’ll be on ATV/XBMC, how did you get on with the setup?
1998 stopping 10 in a row
how nerve wracking was it? cant believe maine made so many saves, and how many chances spurned before Bratback finished, St Johnstone off with his most important goal ever
Vmhan
20:15 on 11 August, 2013
think that might be 9pm American time
sorry link didn’t paste
http://www.youtube.com/embed/rGzCSmHa-5o?feature=player_embedded
dettolandtheblackash
20:02 on 11 August, 2013
Not a problem.
Had a ball in Belfast mate the locals couldn’t have been friendlier!
All ….The Celtic Supporter Association are holding a Charity Sportsmans/Speakers dinner on the 30th August in the club . Tickets are a very cheap £25 a head this includes a couple of refreshments along with a 3 course meal and the following entertainment.
Latest addition to the Sportsman night is George McCluskey. George will do a Q&A over his career with the hoops including goals against Ajax, Real Madrid, League and cup winning goals and his many honours with us.
Line up confirmed so far is
Guest of honour Geroge McCluskey Celtic 1985 – 1983
Speakers
Willlie Young Top class referee for 15 years throught Europeean football
Peter Brown. Acclaimed after dinner speaker
Gerry McDade. Celtic TV presenter/interviewer/commentator and author of Celtic books/DVDs and playright for the John Thomson story.
More information on the night to follow.
If anyone is interested get back to me ASAP as the night is selling out and that was beofre we announced George.
BSR
I think its the price Celtic are paying for thier ill concieved package brokered by John Reid. Involving the removal of messrs Peat and Smith together with the McLeish report being implemented and the offensive behaviour bill. We are going the extra mile. Why none of us know ? I believe there are macro and micro reasons for doing so. Celtic plc taking the lead on matters to prove they cant be blackmailed. I think they OUR PLC are walking a fine line and they know it. If I am talking shit and historically that becomes proven, public knowledge then I dont think this PLC will survive it. If they do then Celtic FC becomes the home for green huns boasting about profits and charity. Yeah I know I am an ancient old deluded Jungle Jim who is living in the past. ;-)
HH
Vmhan
20:15 on 11 August, 2013
Evening Celts, just back from Escotia/ Puerto de Glasgow.
A wee heads up, the final series of Breaking Bad starts tonight, it’s on AMC at 9pm. Should be available on the TIMternet
____
Thanks for the info.Will watch on Tubeplus.
All time best series for me.
The first line should have read Celtic Supporters Assocaition club in Greenock..
vmhan
20:15 on 11 August, 2013
Evening Celts, just back from Escotia/ Puerto de Glasgow.
A wee heads up, the final series of Breaking Bad starts tonight, it’s on AMC at 9pm. Should be available on the TIMternet.
The new episode will be available to view on netflix from tomorrow
Vmhan
Thanks for asking.
Cracked it. – Even saw the game yesterday perfect picture on big screen, should have did the jailbreak thing a long time ago, but never got round to it.
HH
XBMC CSC
bournesouprecipe
20:23 on 11 August, 2013
install NAVI-X
What is the Stars, Fanad was asking you to explain your reference to Pearse “Balcombe Street” Doherty. Just to help you on this one, I can tell you Balcombe Street Siege happened in 1975 and Pearse Doherty was born in 1977. Over to you.
Hamiltontim
It’s not solely about Dublin more about the financial outlay for a product that fails to entertain me anymore. I have a ticket for Pittodrie next Saturday which would have been the firstbdomestic game I would have been able to attend but have chose to give my £24 ticket away as not prepared to give up a Friday and Saturday night shift that could net me £300. Instead couple of Irn Brus in the pub and watch the game on the telly maybe. As for the £1500 spent on 3 European away games last season a week in Majorca with some burd and a couple of rounds of golf thrown in is now the preferred option. £75 quid for a day at the Open or £400 quid to go to Sweden I know what ticket provided the better value for money
Anyway the danger as you well know matey that travelling to these wee tight Scottish grounds is that you are more than likely to get hit in the mush by some stray shot and I don’t really want to end up with a mush that resembles yours
Re . JP Taylor interview.
“I produced one of the three I was holding and said, no problem, the police backed off and the boy got his ticket for the face value of the ticket, 30 Euro I think, he thanked me and disappeared, I’ve no idea who he was. As I made my way further round I was stopped by another supporter, the guy knew me, he was with his elderly father. They had made it this far without tickets but like the young lad before them the road in to the stadium was blocked, no tickets. I produced the last two and saw them in to the stadium, that was it, my job was done I could now enjoy the biggest match I ever saw Celtic play in …..”
=========
And how many other well placed employees had a handful of extra tickets?
It bugged me at the time.
The game is nothing without fans …aye right.
Corkcelt
yes thanks for that
Nothing to explain
Just my own personal joke
You wont have me bundled into a van and dumped somewhere in south armagh now will ya
Those days are gone of course (who was said They havent gone away you know)
Oh yes thats right the man who never was part of the men who havent gone away
http://www.independent.ie/sport/soccer/agents-reveal-culture-of-backhanders-to-middle-men-thats-now-commonplace-in-british-football-29489617.html
interesting read…
Lubo.
HH!!
ASonOfDan
19:26 on 11 August, 2013
Just what the world needs…
New York Post @nypost
Lethal nerve gas discovered at JFK Airport; two customs agents hospitalized.
Any links, I used to work there…….
GL2
Willie young…. in a csc
charles kickham
20:18 on 11 August, 2013
…………….
I think that’s correct, 9pm us time.
Bourne, your a clever cookie (thumbs up)
V
mickbhoy1888
20:25 on 11 August, 2013
You won’t be missed
ASonOfDan
Disregard, found it on the Post site……..??
Any CQNr’s in Sean Og’s tonight?
Vmhan
Ive no got cable or satellite or Netflix. … . poor engineer frae govan…. need to get my bro to copy the remaining episodes and send them to me
So no spilling the beans on here you ;)
Mike in Toronto
If you are on or when you get on I hope you read this.
Apologies for my dig at you last night. It was uncalled for. Just a bit angry last night for personal reasons and took it out in the wrong place to the wrong person. I actually like you posts.
A big Celtic sorry to ya fella with a cyber handshake and pint.
Hope this is acceptable.
All the best. Hail Hail
Taking the mickybhoy
If you’ve grown tired of the football then there’s no need to bother anyone on here. Do the nightshift. I think I can say frankly that nobody cares. As for the ‘burd’ you’ll take on holiday. I have a mental image ad, again frankly, it’s giving me the boak.
The Boy Jinky
20:33 on
11 August, 2013
GL2
Willie young…. in a csc
Willie being part of the committee who gave the decision below……………..explain
When will the SFRA end their war with Celtic
http://www.dailymail.co.uk/sport/football/article-1376114/El-Hadji-Diouf-Madjid-Bougherra-escape-bans-fiery-Old-Firm-Cup-tie.html
TBJ
We are all inclusive in our Club. We even let you in once….
Minceyheidman 16:37
Not too many mentions of the stamp on Tony Watt near the end of the game where he had to be subbed as a result.
Fully agree, if it had been lower could have done his ankle, fortunately caught his pad. If it was Rugby Union he could have been sited.
Awe_Naw
Agree, I think they’ve made a mistake and if it was a Health and Safety issue, and they didn’t want rid of the GB, – they could have tackled the Health and Safety issue in a manner that didn’t penalise Celtic supporters, who are in, and not in the GB.
Happy to pinch the good bits and make money from Glasgow”s Green n White *GB should have copyrighted that* or laugh at the Four Horseman, but not prepared to teach young Celtic supporters, Health and Safety?
The decision was made before they met the reps on the Wednesday night, and in the long term it’s damaging Celtic.
BTW – Your cynicism on the other ‘Celtic silence’, is still essential reading, and it’s only more dormant in your compatriots, but the newer GB issue makes it gnaw inside me.
Today in East Kilbride in a sports shop they have side by side, Celtic and Sevco strips
Magners and Blackthorn, – immortalizing the myth, now that is sick.
HH
Greenlion2
20:21 on
11 August, 2013
Shame, we are planning on being away! Enjoyed last years!
Willie Young- I used to be his paperboy, and he then moved in across the road from my parents. I remember him cheating us at Ibrox, when he denied a defo pen when Di Canio got brought down in the box. After the game, we got home, he came across and apologised to say he got it wrong. His garaged door was nearly Hooped that night :-)
HH
CRC
lionroars67 Im not sure im catching what you mena when you say……..explain
Help needed
Off to Belfast tomorrow to see the Titanic thingy.
Is it walkable from the ferry terminal? If not, what’s the best way?
charles k.
Thank you, – it’s in there.
One of the best without doubt, amazed by the choice.
On the downside made the mistake of telling MrsB you can have any movie you like?
Before I knew where I was, – The Sound of Music, was on.
Wee Maria CSC
Greenlion2
20:47 on
11 August, 2013
Get willie young to explain how the committee which he was part of made that disgraceful decision to not ban two players who had assaulted a referee on the pitch, it is on a par with Mr Brysons registrations interpretation for LNS inquiry, that committee was disbanded when the McLeish reforms were implemented
Wherecan I get BB?
GL2
Now I swore an oath that I would never reveal the shenanigans in your club that night.. it would take a bevvy of bevvies to change my mind ;)